Learning Technologies Group
Market Cap
UK£674.8m
Last Updated
2019/10/18 21:07 UTC
Data Sources
Company Financials +
Executive Summary
Learning Technologies Group plc, through its subsidiaries, provides various e-learning services and technologies in the United Kingdom, the United States, the Asia Pacific, Mainland Europe, Canada, and internationally.
Snowflake
Fundamentals
Reasonable growth potential with proven track record.
Share Price & News
How has Learning Technologies Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Market Performance
7 Day Return
-7.7%
LTG
4.1%
GB Software
-0.3%
GB Market
1 Year Return
-14.8%
LTG
6.5%
GB Software
3.0%
GB Market
Return vs Industry: LTG underperformed the UK Software industry which returned 6.5% over the past year.
Return vs Market: LTG underperformed the UK Market which returned 3% over the past year.
Shareholder returns
| LTG | Industry | Market | |
|---|---|---|---|
| 7 Day | -7.7% | 4.1% | -0.3% |
| 30 Day | -12.9% | 1.6% | -0.9% |
| 90 Day | 7.7% | -8.5% | -2.0% |
| 1 Year | -14.2%-14.8% | 12.6%6.5% | 8.0%3.0% |
| 3 Year | 220.1%215.6% | 6.6%-11.1% | 18.0%3.6% |
| 5 Year | 491.4%477.1% | 69.3%35.5% | 35.8%6.4% |
Price Volatility Vs. Market
How volatile is Learning Technologies Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
4 days ago | Simply Wall St
Why Learning Technologies Group plc's (LON:LTG) High P/E Ratio Isn't Necessarily A Bad Thing2 weeks ago | Simply Wall St
Is Learning Technologies Group plc's (LON:LTG) ROE Of 5.5% Concerning?3 weeks ago | Simply Wall St
Did The Underlying Business Drive Learning Technologies Group's (LON:LTG) Lovely 547% Share Price Gain?Valuation
Is Learning Technologies Group undervalued compared to its fair value and its price relative to the market?
70.26x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Undervalued: LTG (£1.01) is trading above our estimate of fair value (£0.89)
Significantly Undervalued: LTG is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: LTG is poor value based on its PE Ratio (70.3x) compared to the Software industry average (27.9x).
PE vs Market: LTG is poor value based on its PE Ratio (70.3x) compared to the UK market (16.7x).
Price to Earnings Growth Ratio
Low PEG Ratio: LTG is poor value based on its PEG Ratio (2.4x)
Price to Book Ratio
PB vs Industry: LTG is overvalued based on its PB Ratio (3.9x) compared to the GB Software industry average (3.1x).
Next Steps
Future Growth
How is Learning Technologies Group forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?
29.3%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: LTG's forecast earnings growth (29.3% per year) is above the savings rate (1.2%).
Earnings vs Market: LTG's earnings (29.3% per year) are forecast to grow faster than the UK market (12.6% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: LTG's revenue (8.4% per year) is forecast to grow faster than the UK market (3.9% per year).
High Growth Revenue: LTG's revenue (8.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
High Future ROE: LTG's Return on Equity is forecast to be low in 3 years time (19.5%).
Next Steps
Past Performance
How has Learning Technologies Group performed over the past 5 years?
62.4%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Earnings Trend: LTG has become profitable over the past 5 years, growing earnings by 62.4% per year.
Accelerating Growth: LTG's earnings growth over the past year (99.2%) exceeds its 5-year average (62.4% per year).
Earnings vs Industry: LTG earnings growth over the past year (99.2%) exceeded the Software industry 7%.
Return on Equity
High ROE: LTG's Return on Equity (5.5%) is considered low.
Return on Assets
ROA vs Industry: LTG's Return on Assets is below or equal to the Software industry average last year.
Return on Capital Employed
ROCE Improving: LTG has significantly improved its Return on Capital Employed over the past 3 years.
Next Steps
Financial Health
How is Learning Technologies Group's financial position?
Financial Position Analysis
Short Term Liabilities: LTG's short term assets (£61.8M) do not cover its short term liabilities (£75.8M)
Long Term Liabilities: LTG's short term assets (61.8M) do not cover its long term liabilities (74.1M)
Debt to Equity History and Analysis
Debt Level: LTG's debt to equity ratio (20.2%) is considered satisfactory
Reducing Debt: Insufficient data to determine if LTG's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: LTG's debt is well covered by operating cash flow (70.4%).
Interest Coverage: LTG's interest payments on its debt are well covered by EBIT (8.3x coverage).
Balance Sheet
Inventory Level: LTG has a low level of unsold assets or inventory.
Debt Coverage by Assets: LTG's debt is covered by short term assets (assets are 1.768720x debt).
Next Steps
Dividend
What is Learning Technologies Group's current dividend yield, its reliability and sustainability?
0.50%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Stability and Growth of Payments
Notable Dividend: LTG's dividend (0.5%) isn’t notable compared to the bottom 25% of dividend payers in the UK market (2.01%).
High Dividend: LTG's dividend (0.5%) is low compared to the top 25% of dividend payers in the UK market (5.36%).
Stable Dividend: LTG is not paying a notable dividend for the UK market, therefore no need to check if payments are stable.
Growing Dividend: LTG is not paying a notable dividend for the UK market, therefore no need to check if payments are increasing.
Current Payout to Shareholders
Dividend Coverage: LTG is not paying a notable dividend for the UK market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of LTG's dividend in 3 years as they are not forecast to pay a notable one for the UK market.
Next Steps
Management
What is the CEO of Learning Technologies Group's salary, the management and board of directors tenure and is there insider trading?
4.7yrs
Average management tenure
CEO
Jonathan Satchell (52yo)
5.9yrs
Tenure
UK£488,000
Compensation
Mr. Jonathan Satchell has been the Chief Executive Officer and Executive Director at Learning Technologies Group plc (formerly, In-Deed Online Plc) since November 8, 2013. Mr. Satchell has been a Director ...
CEO Compensation Analysis
Compensation vs. Market: Jonathan's total compensation ($USD628.16K) is below average for companies of similar size in the UK market ($USD1.18M).
Compensation vs Earnings: Jonathan's compensation has increased by more than 20% in the past year.
Management Age and Tenure
4.7yrs
Average Tenure
52yo
Average Age
Experienced Management: LTG's management team is considered experienced (4.7 years average tenure).
Board Age and Tenure
5.3yrs
Average Tenure
58yo
Average Age
Experienced Board: LTG's board of directors are considered experienced (5.3 years average tenure).
Insider Trading
Insider Buying: LTG insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
| Entity | Individual |
| Role | Member of the Board of Directors Independent Non-Executive Director |
| Shares | 271,646 |
| Max Price | UK£1.14 |
| Entity | Individual |
| Role | Member of the Board of Directors Independent Non-Executive Director |
| Shares | 15,523 |
| Max Price | UK£0.77 |
Ownership Breakdown
Management Team
Neil Elton (47yo)
CFO, Company Secretary & Director
- Tenure: 4.9yrs
- Compensation: UK£431.00k
Jonathan Satchell (52yo)
CEO & Executive Director
- Tenure: 5.9yrs
- Compensation: UK£488.00k
Piers Lea (58yo)
Chief Strategy Officer & Director
- Tenure: 5.3yrs
- Compensation: UK£345.00k
Tim Martin
Chief Innovation & Product Officer
- Tenure: 1.4yrs
Board Members
Leslie-Ann Reed (59yo)
Independent Non-Executive Director
- Tenure: 5.3yrs
- Compensation: UK£40.00k
Andrew Brode (79yo)
Non-Executive Chairman
- Tenure: 5.9yrs
Neil Elton (47yo)
CFO, Company Secretary & Director
- Tenure: 4.9yrs
- Compensation: UK£431.00k
Jonathan Satchell (52yo)
CEO & Executive Director
- Tenure: 5.9yrs
- Compensation: UK£488.00k
Piers Lea (58yo)
Chief Strategy Officer & Director
- Tenure: 5.3yrs
- Compensation: UK£345.00k
Aimie Chapple
Independent Non-Executive Director
- Tenure: 1.1yrs
- Compensation: UK£13.00k
Company Information
Learning Technologies Group plc's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Learning Technologies Group plc
- Ticker: LTG
- Exchange: AIM
- Founded: 1986
- Industry: Application Software
- Sector: Software
- Market Cap: UK£674.846m
- Shares outstanding: 668.16m
- Website: https://www.ltgplc.com
Number of Employees
Location
- Learning Technologies Group plc
- Sherborne House
- 5th Floor
- London
- Greater London
- EC4N 5AT
- United Kingdom
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| LTG | AIM (London Stock Exchange AIM Market) | Yes | Ordinary Shares | GB | GBP | Nov 2013 |
| LTG | DB (Deutsche Boerse AG) | Yes | Ordinary Shares | DE | EUR | Nov 2013 |
Biography
Learning Technologies Group plc, through its subsidiaries, provides various e-learning services and technologies in the United Kingdom, the United States, the Asia Pacific, Mainland Europe, Canada, and int ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/10/18 21:07 |
| End of Day Share Price | 2019/10/18 00:00 |
| Earnings | 2019/06/30 |
| Annual Earnings | 2018/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.